876 Forsyth Street, Boca Raton, FL 33487

$3,750,000
Property Type: Residential Square Footage: 5,121 Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $3,750,000 List Date: 3/09/2026 Last Modified: 3/19/2026

Description

BUILDERS & INVESTOR opportunities to build on a deep-water, 90 ft. frontage lot in Boca Raton are exceedingly rare. Selling only Land and option of Building Plans. Some photos are virtually staged. Boca Raton Florida RARE WATERFRONT PROPERTY - Don't miss this opportunity to secure prime South Florida real estate overlooking the Intracoastal Waterway. This ready-to-build land with new seawall & boat dock stands out in the luxury market with no fixed bridges to the ocean access and a great location in Boca Raton. Build a dream home with every indulgence highlighting the view of the Intracoastal waterway and a lifestyle that blends sun, sophistication, and serenity. Embrace the boating life, the investment potential, and the coastal elegance that this remarkable property offers.

Supplements: Discover an unparalleled waterfront opportunity in Boca Raton's prestigious Boca Keys community. This build-ready 0.23-acre parcel features 90 feet of deep-water frontage and a new 90 foot seawall with a private dock on a wide canal just one lot off the Intracoastal Waterway. It is an ideal canvas for a custom luxury estate of 5,000+ sq ft with a private pool and multi-car garage. 876 Forsyth Street promises the ultimate South Florida lifestyle. Situated on a wide, navigable canal just one lot off the Intracoastal, this property offers direct ocean access with no fixed bridges is a true boater's dream. It features a new 90 foot seawall and a private deep-water dock already in place, capable of accommodating your yacht or sport fishing boat. This existing infrastructure saves significant time and expense in the construction process. With nearly 10,000 sq ft Build-Ready Lot, this 9,932 sq ft (approximately 90 ft. x 110 ft.) of prime land is already cleared and ready for a new home. Utilities are available at the street for easy hookup. The parcel is zoned R-1-B (Single Family Residential) - ideal for designing a custom 5,000+ sq ft estate with a private pool, cabana, multi-car garage, and more. The waterfront property is located East of US-1 in the upscale Boca Keys enclave of northeast Boca Raton, the property sits at the end of a quiet cul-de-sac with no through traffic. The neighborhood has no homeowners association, meaning no fees or design restrictions. You have full creative freedom to build your luxury home exactly as you envision. Living on the water, means embracing an unmatched boating lifestyle. From your private dock, you can explore South Florida's waterways at a moment's notice. Whether it's an early morning paddleboard on the Intracoastal or a weekend voyage to the Bahamas. Deep, navigable water provides quick, direct access to the Atlantic Ocean. The Boca Raton Inlet is only 5 miles away by water, so you can be offshore fishing within minutes. Take a leisurely cruise north along the Intracoastal to Delray Beach's dockside restaurants, or head south to Lake Boca's famous sandbar, a popular lively gathering spot where boaters anchor to socialize and swim in the warm shallows. Beyond its boating appeal, this location provides access to all the conveniences and luxuries of Boca Raton's coveted lifestyle. Downtown Boca's upscale shopping, dining, and cultural attractions are a short drive away. From the luxury boutiques and fine restaurants of Mizner Park to events at the Town Center Mall. Pristine beaches and numerous parks are also just minutes from your door. Families will appreciate the proximity to top-rated schools, and golf enthusiasts can tee off at several nearby championship courses. Boca Raton is renowned for its beautiful landscaping, safety, and affluent yet relaxed atmosphere. Plus, with this property near the city's northern border, you're only about 4 miles south of Delray Beach's famed Atlantic Avenue with a vibrant hub of cafes, art galleries, and nightlife. In short, this locale truly offers the best of both worlds: a peaceful waterfront retreat with easy access to world-class amenities and entertainment in both Boca Raton and Delray Beach Florida. Boca Keys and the surrounding waterfront neighborhoods are experiencing a renaissance of new luxury construction. This trend makes the offering as much about future potential as it is about present-day enjoyment. As an investor or builder, you'll be in great company among multi-million-dollar custom estates being built nearby. Vacant waterfront land in Boca Raton is exceedingly scarce. Only a handful of buildable waterfront lots come to market in any given year, so this property is a truly rare find. Acquiring this parcel means joining an exclusive club of owners with the opportunity to create a brand-new Intracoastal home from the ground up. With no design restrictions holding you back, you have full creative freedom to craft a masterpiece on this lot, whether you envision a sleek modern showpiece or a timeless coastal villa. The generous dimensions can accommodate a sprawling floor plan with over 5,000 sq ft of living space across two levels, plus ample room for garages and resort-style outdoor amenities. Imagine an infinity-edge pool overlooking the water, a spacious dock for your boat and water toys, and panoramic water views from a second-story balcony. Strong market fundamentals support the investment case for this property. Newly built homes of similar size and location often sell in the high seven to eight figures. The high demand for new luxury homes in Boca Raton, combined with the limited supply of waterfront lots, means a well-designed estate here could command a significant premium in the future. Whether you intend to develop and sell for profit or build your dream home to enjoy for years to come, 876 Forsyth Street represents a compelling long-term investment opportunity.

More Information MLS# R11169914

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: Yes Listing Contract Date: 2026-03-08 Status: Active Original List Price: 3998900 List Price: $3,750,000 Current Price: $3,750,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Boca Raton Postal Zip: 33487 Development Name: Boca Keys Geographic Area: PB02 Special Assessment YN: No Country: United States Street Number: 876 Street Name: Forsyth Street Suffix: Street State Or Province: FL Postal Code: 33487 Subdivision Name: BOCA KEYS Area: 4180 Elementary School: J. C. Mitchell Middle Or Junior School: Boca Raton Community High School: Boca Raton Parcel Number: 06434704060010020 Zoning: R1B(ci Directions: From I-95 go East on Yamato Road, turn Left onto US-1 North, Turn Right onto Forsyth Street, drive to the end of the street and the land is on the right side.

General Property Information

Builder Lot/Unit #: 0020 Projected Completion Date: 2027-08-31 Community Development District YN: No Living Area Main: 5121 Lot Size Dimensions: 110 Ft. x 90 Ft. Gated Community YN: No Lot Size Area: 9932 Senior Community YN: No Furnished: Unfurnished Stories Total: 0 Stories: 0 Pool Private YN: No Property Sub Type: Single Family Residence Building Area Main: 5121 Building Area Source: Other Year Built: 2027 Garage YN: 1 Garage Spaces: 4 Covered Spaces: 4 Lot Size Acres: 0.23 Frontage Length: 90 Waterfront YN: 1 Direction Faces: North

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 34048.4 Tax Year: 2025 Tax Legal Description: BOCA KEYS LT 2 BLK 1

Office/Member Information

DXORIGMLSID: RML

Amenities

Jogging Path: 1

Exterior Features

None: 1

Flooring

Other: 1

Parking Features

Open: 1 Garage: 1

Property Condition

To Be Built: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1 Negotiable: 1

Utilities

None: 1

Heating

Other: 1

Water Access

No Fixed Bridge: 1 Ocean Access: 1

Water View

Canal: 1 Intracoastal: 1

Construction Materials

Other: 1

Interior Features

None: 1

Listing Terms

Cash: 1

Other Equipment

None: 1

Road Frontage Type

East of US-1: 1 Public Road: 1

Road Surface Type

Paved: 1

Waterfront Features

Navigable Water: 1 Seawall: 1 No Fixed Bridges: 1

Boat and Dock Information

Dock: Yes Boat Max Length: 70 Dock Details: New Seawall Dock Boat Dock Accommodates: Up to 70 Ft Boat

Boat and Dock Features

Private Dock: 1

Capital Contributions

Capital Contributions YN: No

Cooling

None: 1

Showing Requirements

Call Listing Agent: 1 Text Listing Agent: 1 Vacant: 1 See Remarks: 1

Master Bedroom/Bath

None: 1

Membership

No Membership Available: 1

Pets Allowed YN

Yes: 1

Pets Allowed

No Restrictions: 1

Restrictions

No Restrictions: 1

Storm Protection Details

None: 1

Tax Information

City/County: 1 Land Only: 1 No Homestead: 1

Showing Details

Pet(s) on Premises: No

Room Types

Kitchen: 1 Kitchen Level: Main Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Main

Price Calculations

Current Price To SqFt: 780.88

Acreage Description

Less Than 1/4 Acre Lot: 1

Status Change Information

Major Change Timestamp: 2026-03-19T14:32:35Z Major Change Type: Price Reduced Price Change Timestamp: 2026-03-19T14:32:35Z Status Change Date: 2026-03-08

Originating Details

Originating System Key: 20260309011248422064000000 Originating System ID: M00000170

Property Features

Exterior Features: None Flooring: Other Parking Features: Open; Garage Property Condition: To Be Built Boat and Dock Features: Private Dock Construction Materials: Other Cooling: None Heating: Other Interior Features: None Listing Terms: Cash Membership: No Membership Available Other Equipment: None Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Road Frontage Type: East of US-1; Public Road Road Surface Type: Paved Storm Protection Details: None Tax Information: City/County; Land Only; No Homestead Utilities: None Water Access: No Fixed Bridge; Ocean Access Water View: Canal; Intracoastal Waterfront Features: Navigable Water; Seawall; No Fixed Bridges Showing Requirements: Call Listing Agent; Text Listing Agent; Vacant; See Remarks Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Room Information

Living Room Length: 0.00 Length: 0.00 Width: 0.00 Width: 0.00 Level: Main Kitchen Length: 0.00 Length: 0.00 Width: 0.00 Width: 0.00 Level: Main Master Bedroom Length: 0.00 Length: 0.00 Width: 0.00 Width: 0.00 Level: Main
Listing Office: EXP Realty LLC
IDX
Last Updated: March - 19 - 2026
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